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On the following page, compute the gross profit; expense ratios and Net Profit Margin for each corporation by completing the following vertical analysis... I am not sure what numbers to use or what expenses should be used. Supposed to use years 2018 and 2017 (prior year)

As Reported Annual Income Statement 01131/2018 01/31/2017 01/31/2016 01/31/2015 01/31/2014 USD USD USD Net sales 495,761,000 481,317,000 478,614,000 3,422,000 485,651,000 385,086,000 93,418,000 473,076,000 3,218,000 476,294,000 358,069,000 Membership & other income 500,343,000 373,396,000 106,510,000 20,437,000 1,978,000 361,256,000 380.984,000 97,041,000 Operating, selling, general & administrative expenses Operating income (ces) 26,872,000 2,072,000 263,000 119,000 2,044.000 2,161,000 Interest expense on capital lease & financing obligations 300,000 152,000 100,000 Interest income (expense), net 2,267,000) (2,467,000) (2,348,000) Income (loss) from continuing operations before income taxes-United States (U.S.) Income (loss) from continuing operations before income taxes- non-US. Income (loss) from continuing operations befcre income taxes Current U.S. federal income taxes provision (benefit) Current US. state & local income taxes provision (benefit) Current international income taxes provision (benefit) Current provision (beneft) for income taxes Deferred U.S. federal income taxes provision (benefit) Deferred U.S. state & local income taxes provision (beneft) Deferred international income taxes provision (benefit) Deferred provision (benefit) for income taxes Provision (benefit) for income taxes Income (loss) from continuing operations Income (loss) from discontinued operations, net of income taxes Consolidated net income (loss) Less consolidated net income attributable to noncontrolling interest Consolidated net income attributable to Walmart Weighted average shares cutstanding basic Weighted average shares outstanding - diluted 10,722,000 15,680,000 4,817,000 20,497,000 18,610,000 6,189,000 24,799,000 19,412,000 5,244,000 24,656,000 15,123,000 2,998,000 405,000 4,780.000 5,459,000 7,584,000 8,504,000 (387,000) (146,000) (77,000) 4,600,000 16,814,000 285,000 17,099,000 (736,c00) 16,363,000 8,105,000 16,551,000 144,000 16,695,000 (673,000) 16,022,000 10,523.000 9,862,00O 2,995,000 3,228,000 5.01 0.06 5.07 4.99 0.06 5.05 1.92 2.200,000 249,876 3,233,000 4.87 0.03 2,952,000 3,048,000 3.162,000 Year end shares outstanding Income (loss) per share-continuing operations basic Income (loss) per share-discontinued operations- basic Net income (loss) per share - basic Income (loss) per share-continuing operations-diluted Income (loss) per share-discontinued operations -diluted Net income (loss) per share - diluted Dividends declared per common share Total number of employees Number of common stockholders Foreign currency translation adjustments 4.58 4.4 4.58 4.38 4.57 4.85 0.03 4.88 1.88 2.200,000 255,758 4.38 4.57 1.96 2.200,000 243,327 2,300,000 229,B58 2,540,000 2,300,000 236,471 Corporation 1 anar CNN Most current Year% Prior Year Net Revenues Cost of Goods Sold Gross Profit Expenses: % Net Income 38